1994 Audi 100 Insurance Cost – 6 Tips to Save

Sick and tired of scraping the payment together to keep your car insured? You have the same problem as most other consumers.

Consumers have so many auto insurance companies to buy insurance from, and although it’s a good thing to have a choice, more choices can make it harder to compare rates and cut insurance costs.

You need to compare prices on a regular basis because auto insurance rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best rate for 100 insurance six months ago other companies may now be cheaper. Forget all the misinformation about auto insurance because I’m going to teach you the only way to save money, get proper coverage and the best rates.

Shopping for the lowest cost protection is easy if you know what you’re doing. Essentially every vehicle owner who shops for insurance coverage will be able to cut their insurance bill. Although consumers do need to learn the way companies sell insurance online because it can help you find the best coverage.

How to find low cost auto insurance

When comparison shopping, there are several ways to compare quotes from auto insurance companies in your area. One of the best ways to compare rates consists of shopping online. It’s really quite simple and can be done in a couple of different ways.

1. If you are pressed for time, the simplest way consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This style of form prevents you from having to do a different quote for every company. One simple form compares rates direct from many companies.
2. Another way to get comparison quotes requires a trip to each company’s website and fill out a new quote form. For instance, let’s assume you want rates from Farmers, Liberty Mutual and American Family. To get rate quotes you would need to go to each individual site and repeatedly type in your coverage information, which is why the first method is more popular. For a list of companies in your area, click here.

It’s up to you which method you use, but ensure you are comparing exactly the same coverage information for every quote you compare. If you are comparing different coverage information it will be next to impossible to make an equal comparison. Quoting even small variations in coverage limits can result in a big premium difference. And when price shopping your coverage, comparing more rates from different companies will increase your chances of finding a better price. Some smaller insurers to not give prices over the internet, so you should also compare price quotes from the smaller companies as well.

These six discounts can cut auto insurance rates

Some insurance providers don’t always publicize every possible discount in an easy-to-find place, so the below list has some of the best known as well as some of the hidden discounts you could be receiving when you buy insurance online.

• Pay Upfront and Save – If you pay your bill all at once as opposed to paying monthly you could save 5% or more.
• Theft Deterent Discount – Cars and trucks equipped with anti-theft or alarm systems have a lower chance of being stolen and can earn a small discount on your policy.
• Telematics Data Discounts – People who choose to allow their insurance company to track where and when they drive by using a telematic data system such as Progressive’s Snapshot may see discounts as long as they are good drivers.
• ABS Brakes – Cars, trucks, and SUVs with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
• Federal Government Employee – Employees or retirees of the government may qualify for a discount when you quote insurance for 100 insurance with a few auto insurance companies.
• Clubs and Organizations – Participating in a qualifying organization could trigger savings on your next renewal.

A little note about advertised discounts, many deductions do not apply the the whole policy. Most only reduce the price of certain insurance coverages like comp or med pay. So even though it sounds like you can get free auto insurance, insurance companies wouldn’t stay in business.

Companies that may offer some of the above discounts include:

• Mercury Insurance
• Farmers Insurance
• Farm Bureau
• State Farm
• Allstate
• Geico

Before buying, ask every insurance company which discounts they offer. Savings may not apply to policies in your area.

When do I need an agent’s advice?

When it comes to buying proper insurance coverage, there is no perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether you might need professional guidance.

• Who is covered by my policy?
• Do I benefit by insuring my home with the same company?
• Is a blown tire covered by insurance?
• Are my tools covered if they get stolen from my vehicle?
• Is my custom paint covered by insurance?
• How high should my uninsured/underinsured coverage be in my state?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Information about specific coverages

Knowing the specifics of a auto insurance policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are the normal coverages offered by auto insurance companies.

Coverage for collisions

This coverage covers damage to your 100 caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like rolling your car, backing into a parked car, crashing into a ditch and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your 1994 Audi 100.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages are set the same as your liablity limits.

Coverage for liability

This provides protection from injuries or damage you cause to people or other property in an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Another option is one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability can pay for things such as medical services, medical expenses and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like hail damage, theft and fire damage. The highest amount your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as EMT expenses, surgery, funeral costs and prosthetic devices. They are utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Quote more, save more

While you’re price shopping online, it’s not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced comprehensive coverage or liability limits to discover at claim time that it was a big mistake. The ultimate goal is to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

Some insurance companies do not offer rates over the internet and most of the time these smaller providers only sell coverage through independent insurance agents. Low-cost 1994 Audi 100 insurance is attainable from both online companies and from local agencies, so compare prices from both in order to have the best chance of saving money.

Much more information about auto insurance can be found at the links below

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Child Safety Seats (Insurance Information Insitute)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Auto Theft Statistics (Insurance Information Insitute)